Beter Bed Holding

Annual Report 2015

Historical summary

at 31 December

2015

2014

2013

2012

2011

2010

Result (in thousand €)

Revenue

385,440

363,953

357,363

397,288

397,035

374,724

Gross profit

222,215

208,653

203,185

223,843

224,410

209,507

EBITDA1

41,115

31,284

22,272

38,143

46,798

45,308

Operating profit (EBIT)

30,699

23,042

12,284

23,719

38,288

37,460

Net profit

22,559

16,860

8,198

14,418

28,025

27,937

Depreciation, amortisation and impairment

9,825

8,242

9,988

14,424

8,510

7,848

Cash flow2

32,975

25,102

18,186

28,842

36,535

35,785

Net investment

15,372

12,207

4,633

10,262

13,082

7,590

Capital (in thousand €)

Total assets

131,677

117,123

102,485

110,855

114,571

113,977

Equity

75,750

68,635

57,963

55,832

62,015

60,851

Figures per share

Net profit in €

1.03

0.77

0.38

0.67

1.29

1.30

Cash flow in €

1.50

1.15

0.84

1.33

1.69

1.66

Dividend paid in €

0.87

0.65

0.27

0.47

1.10

1.30

Average number of outstanding shares (in 1,000 of shares)

21,947

21,855

21,734

21,681

21,660

21,512

Share price in € at year-end

22

17

18

13

14

21

Ratios

Revenue growth

5.9%

1.8%

-10.0%

0.1%

6.0%

3.7%

Gross profit/revenue

57.7%

57.3%

56.9%

56.3%

56.5%

55.9%

EBITDA/revenue

10.7%

8.6%

6.2%

9.6%

11.8%

12.1%

Operating profit/revenue

8.0%

6.3%

3.4%

6.0%

9.6%

10.0%

Net profit/revenue

5.9%

4.6%

2.3%

3.6%

7.1%

7.5%

Solvency

57.5%

58.6%

56.6%

50.4%

54.1%

53.4%

Interest cover

601.9

77.1

17.2

59.0

88.2

96.3

Other information

Number of stores at year-end

1,159

1,127

1,175

1,219

1,187

1,117

Number of FTE at year-end

2,513

2,369

2,420

2,495

2,451

2,353

Revenue per FTE (in € 1,000)

153

154

148

159

165

163

  1. 1 Operating profit plus depreciation, amortisation, impairments and carrying amount of disposals. Before 2015, the operating profit was not adjusted for the carrying amount of disposals.
  2. 2 Net profit plus depreciation, amortisation, impairments and carrying amount of disposals. Before 2015, net profit was not adjusted for the carrying amounts of disposals.